RBI takes action with 7-day cash withdrawal plan!

The Reserve Bank of India is stepping up to tackle some serious cash overflow! They’re kicking off a seven-day cash withdrawal operation to manage a whopping ₹4.5 trillion in excess liquidity. Today, they’ll also be holding a reverse repo auction for ₹2 trillion, all to keep the banking system in check. Too much cash is like too much cake—sometimes you just need to take a slice out!